I'm getting ready to purchase my second SFH rental in a booming Texas town full of new industry. This property is on the same street as my other SFH. Looking at the numbers, here's why I disregarded the 1% rule when m...
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
So let’s say you place a gig offering on Facebook, or some other site looking for someone to do a make ready on a rental. Before the day is over you’re going to be overwhelmed with people saying they can do the jo...
I am meeting with an 82 yr old lady in a couple days to begin discussions of owner financing her five paid for duplexes. She's had them over 20 years. She's been managing them for the most part for the last 6 years. S...
Hey everyone. So I've had my condo listed online for a week, and out of all the people who've come in, I only have 1 potential tenant, but he hasn't submitted the application yet. Essentially, 80% of the inquiries n...
Hello BP,
One of my renters is becoming more and more of a total thorn. I made a huge mistake giving them my cell phone number too. Texts every night about little small issues. For instance, she texted me tonight as...
Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
How’s it going BP,To get straight to the point with this post before I backtrack, I have decided that it is the right time for me to start investing in multi families and my goal is an apartment with a minimum of 5 un...
.....howse that "Global Warming" theory workin fer ye? Are those darn "deniers" giving you a hard time now?
They were talking about it today on that dreaded cable news network all the high school dropouts and redne...